SOURCE: WGL Entertainment Holdings, Inc.

April 18, 2007 11:12 ET

WGL Entertainment Holdings, Inc. Acquires 10% of Open Road Television

ORLANDO, FL -- (MARKET WIRE) -- April 18, 2007 -- WGL Entertainment Holdings, Inc. (OTCBB: WGLT) announced today that it has acquired 10% of the common stock of Open Road Television (ORTV). In addition to this weekend's production of "XXChromes" for SPIKE T.V., WGL Entertainment Holdings, Inc. will be part of all future ORTV productions, which include thirteen episodes of "XXChromes," and future plans for many Motorcycle based productions for networks such as Spike, Speed and Outdoor.

"Gina Woods, President of ORTV, is a visionary in the Bike Industry and has a tremendous fan following through her very popular Radio broadcasts on 'Open Road Radio,' America's premier motorcycle talk radio show on 95.1 FM in Chicago. We are thrilled to be involved in this innovative and immensely popular segment of television entertainment, which is growing at a very rapid rate as young adults and baby boomers all over the country become involved in Motor Bikes," said Mike Pagnano, CEO, WGL Entertainment Holdings, Inc.

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WGL Entertainment Holdings, Inc., through its subsidiary WGL Entertainment, is the producer of the WGL Million Dollar Shootout Reality Television Series and several other made for T.V. sports entertainment events scheduled to be produced in 2007 and beyond.

To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, future collaboration agreements, the success of the Company's development, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made.

Contact Information

  • For more information contact:

    Michael Pagnano
    WGL Entertainment Holdings, Inc.